CF Industries Sues Terra Over Failed Merger Bid

Law360, New York (September 1, 2009, 4:36 PM EDT) -- CF Industries Holdings Inc. has launched a lawsuit against Terra Industries Inc. seeking to force the nitrogen products maker to hold its annual shareholder meeting after CF Industries' all-stock takeover bid expires.

Deerfield, Ill.-based CF Industries said Monday that although Terra is legally required to hold the meeting on an annual basis under Maryland law, its last such meeting was nearly 16 months ago.

“We look forward to Terra stockholders having the opportunity to show their support for our proposed business combination by voting for CF...
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